by Global Finance | May 17, 2024 | Blog
Are you in the market to buy a home but much of your income comes from commissions or bonuses? Have you unhappily discovered that your mortgage eligibility is falling short of your expectations? Don’t worry. The bank may turn you down based on how much your main...
by Global Finance | May 9, 2024 | Blog
Wanting a buy a property? Found a house you really like that ticks all the boxes? Problem is that if you like the property and think it is a good buy, chances are that other prospective homebuyers will probably feel the same way. They may also want to make an offer on...
by Global Finance | Apr 23, 2024 | Blog
Can a second job help you when it comes to getting a home loan from the bank? The answer is yes. A second job can definitely help you secure a bigger mortgage and according to Aseem Agarwal, Head of Mortgages at Global Finance having more than one job is becoming a...
by Global Finance | Apr 5, 2024 | Blog
Coming up are anticipated shifts in bank lending criteria in New Zealand that could significantly impact investors: namely changes to the bright-line test and the introduction of a debt-to-income ratio. As an investor or homebuyer, what could these changes mean for...
by Global Finance | Mar 14, 2024 | Blog
“Just because a bank has told you that you don’t qualify for a bank loan, don’t just take this as an absolute NO or assume that other banks will also turn down your home loan application because there’s something wrong in your profile.” it...
by Global Finance | Mar 1, 2024 | Blog
Securing a loan is not just about having a large enough deposit; it also involves a meticulous examination of your expenses. Banks look into your financial commitments and spending patterns, examining credit cards, store cards, loans, overdrafts, monthly bills and...
